Fresh evidence has surfaced, exposing the elaborate scheme of a South Korean civil servant who embezzled 497.16 million Korean won (equivalent to $342,000) in public funds. The extent of the embezzlement was revealed in a Board of Audit and...
A Russian-linked hacking group, Dark Storm, has claimed responsibility for a massive cyberattack that disrupted X (formerly Twitter) on March 10, rendering the platform inaccessible to thousands of users before services were quickly restored. Cybersecurity firm SpyoSecure first reported...
Blockchain security firm CertiK has identified a security breach on the Arbitrum network, where an attacker exploited a vulnerability in signature verification to drain approximately $140,000. The incident reported by CertiK Alert on X at 04:06 UTC on March...
The North American Securities Administrators Association (NASAA) has issued a stark warning about the growing threat of cryptocurrency and social media scams, emphasizing the increasingly deceptive tactics used by fraudsters to exploit investors. In a March 6 statement, NASAA...
Authorities in Hong Kong are warning traders about a fraudulent cryptocurrency being promoted by an X account impersonating Chief Executive John Lee. The scam involves a Solana-based token falsely marketed as the region’s "National Hong Kong Coin." On March...
The U.S. Department of the Treasury has imposed sanctions on an Iranian national, Behrouz Parsarad, for his role in operating Nemesis, a darknet marketplace linked to the trafficking of fentanyl and other illicit drugs. The Department’s Office of Foreign...
Crypto phishing losses continued their downward trend for the third consecutive month in February, falling 48% to $5.32 million from $10.25 million in January and $23.58 million in December, according to ScamSniffer data. In a March 5 X thread,...
Decentralized lending protocol zkLend has officially activated its Recovery Portal, enabling users affected by the platform’s February 12 exploit to claim their lost funds. The announcement was made on March 5 via a post on X, where zkLend urged...
North Korea’s notorious cybercrime syndicate, the Lazarus Group, has successfully laundered the entirety of the 499,000 ETH stolen in the recent Bybit hack, amounting to approximately $1.39 billion, in just ten days, according to on-chain analyst EmberCN. According to...
Christian Li, founder of stablecoin digital bank Infini, has reached out once again to the hacker responsible for stealing $49.5 million from the company’s wallets, offering a white-hat agreement and a 20% bounty in exchange for the return of...
